Bella Vista Sets Property Tax Levy for 2024

During the September 23, 2024, meeting, the Bella Vista City Council passed a resolution setting the millage rate for real and personal property taxes for 2024, to be collected in 2025. The resolution sets the rate at 6.0 mills, divided as follows: 4.0 mills for the city’s general fund, 1.0 mill for the Policemen’s Pension Fund, and 1.0 mill for the Firemen’s Pension Fund.

This millage rate will ensure continued funding for essential city operations, including public safety and other vital services. The general fund allocation will support the city’s daily operations, while the contributions to the pension funds are vital for maintaining long-term financial stability for Bella Vista's police and fire departments.

Under Arkansas law, municipalities are required to certify their tax rates to the county clerk for collection. The resolution passed by the Bella Vista City Council now moves to the Benton County Quorum Court for formal approval and implementation.

With these funds, Bella Vista aims to continue its growth trajectory while ensuring the safety and well-being of its residents through sound financial management .